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Friday, July 6, 2018
NCDEX SUPPORT & RESISTANCE LEVEL
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Trade war risk, rising oil costs seen keeping rupee near record low: Reuters poll
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Market Live: Nifty above 10,750, Sensex up 60 pts; RIL, Infosys, TCS positive contributors
Varroc Engineering shares list with 5% permium: Auto component maker Varroc Engineering started off trade at Rs 1015 on the first day Friday. The stock price gained 5 percent against the issue price of Rs 967.
At 10:03 hours IST, it was trading at Rs 1012.95, up 4.75 percent on the NSE.
The Rs 1,955-crore initial public offering was oversubscribed 3.59 times during June 26-28, driven by strong interest from institutional investors.
The price band for the issue, which consisted of an offer-for-sale of 2,02,21,730 equity shares by promoter Tarang Jain and existing investors which are Tata Group companies - Tata Capital Financial Services and Omega TC Holdings, was Rs 965-967 per share.
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Source:https://www.moneycontrol.com/news/business/markets/market-live-nifty-above-10750-sensex-up-60-pts-ril-infosys-tcs-positive-contributors-2678311.html
Opening Bell (6 July 2018)
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Thursday, July 5, 2018
Closing Bell (5 July 2018)
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Petrol, diesel rise for 16th consecutive day; Mumbai, Delhi prices at record high
Petroleum Minister Dharmendra Pradhan had earlier said that the government will intervene to reduce prices.
Petrol and diesel prices continue to soar and touched another peak on May 29. Petrol was hiked by 16 paise to Rs 86.24 per litre in Mumbai.
This is the 16th straight hike in a row. Diesel prices on the other hand, were hiked by 15 paise to Rs 73.79 per litre in Mumbai. Petrol prices in Delhi were increased by 16 paise to Rs 78.43 per litre and diesel by 14 paise to Rs 69.31 per litre.
Since the dynamic pricing system resumed on May 14, petrol and diesel prices have risen by Rs 3.8 and Rs 3.38 respectively in the last 16 days in Delhi.
Petroleum Minister Dharmendra Pradhan had earlier said that the government will intervene to reduce prices.
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